South Korea announces USD 4.12 billion cash aid for lower 70% amid rising oil prices

Iran Herald · April 17, 2026 General

Seoul [South Korea], April 17 (ANI): The South Korean Government will implement a KRW 6. 1 trillion (USD 4. 12 billion) cash assistance programme to support the bottom 70 per cent of income earners in the country in coping with rising oil prices as part of broader measures to tackle the economic impact of the crisis in West Asia, Yonhap News Agency reported.